DANIEL SORABJI | AFP | Getty Images A construction crane showing the branding of British construction company Carillion is photographed on a building site in central London on January 14, 2018, with the skyline of the British capital in the background including the London Eye and the Houses of Parliament. British construction and services company

Swiss bank UBS said Monday that President Donald Trump deserves praise for his pro-growth policies. Those efforts in making the U.S. a more business-friendly economy, which include the recently passed tax reform, are often under-appreciated, said Mike Ryan, UBS Wealth Management’s chief investment officer for Americas. But the president has “changed the perception of what’s

China will step up oversight in the banking sector this year to reduce financial risks, the country’s banking regulator said, stressing that long-term efforts would be needed to control banking sector chaos. The China Banking Regulatory Commission (CBRC) said late on Saturday in a statement that its priorities included increasing supervision over shadow banking and

Getty Images Firefighters search for people trapped in mudslide debris on January 10, 2018 in Montecito, California. The department said the sediment would only consist of wet or dry dirt or mud without rocks, debris or vegetation, and inspectors would refuse any truckload containing unpermitted materials. Occasional rocks would be set aside by hand for

One of Wall Street’s most bullish forecasters is out with a near-term correction call, but he’s not letting it interfere with his 2018 bull case for stocks. Canaccord Genuity’s Tony Dwyer is putting his faith in a historical trend that typically points to gains. “What we found is when the yield curve is flattening, it’s

If you pay someone to prepare your return, the person is required by law to have an IRS Preparer Tax Identification Number (PTIN). However, they all have differing levels of education, training and professional credentials. You can search for a preparer’s credentials and select qualifications at the IRS directory. If the person is an enrolled

Wolf looked at her extended retirement horizon in terms of extra expenses and services. For example, she said, if a new roof lasts 20 to 30 years, living until 90 instead of 80 means budgeting for one new roof at age 60 won’t cut it; if they tend to keep cars for 10 years, their

Indonesia’s central bank has issued a fresh warning about trading in cryptocurrencies like bitcoin because of the risk of losses to the public and even a potential threat to the stability of the financial system. Bank Indonesia (BI) has previously said that cryptocurrencies were not recognized as a legal medium of exchange, so that they

Daniel Acker | Bloomberg | Getty Images An employee bags a customer’s purchases at a Kroger store in Peoria, Illinois. Grocery chain Kroger has considered buying online wholesaler Boxed, according to a person familiar with the matter, as more shoppers place food orders online and as competition with Amazon.com Inc heats up. The potential deal,

After hours of marveling at the tape’s incessant march higher, CNBC’s Jim Cramer took a step back to check the market layout. “What’s driving it? … Same as always: [a] stock shortage — it’s really been acute in the industrials — 401(k) money being thrown at the market, animal spirits, a stronger consumer, tax reform,

In February of 2016, CNBC’s Jim Cramer started recommending the stock of Wynn Resorts, which was then trading at about $79 a share. Since then, Wynn’s share price has nearly doubled — making it one of S&P 500’s best-performing stocks for 2017 — so Cramer thought it was worth revisiting some of the casino names.

Back in the day, CNBC’s Jim Cramer would always hear that the four most dangerous words in the English language were “this time it’s different.” And when it came to market-rattling events like the dotcom bubble burst — when investors chased internet stocks to artificial highs hoping to catch the “next big thing” — that

After hours of marveling at the tape’s incessant march higher, CNBC’s Jim Cramer took a step back to check the market layout. “What’s driving it? … Same as always: [a] stock shortage — it’s really been acute in the industrials — 401(k) money being thrown at the market, animal spirits, a stronger consumer, tax reform,

The market rally has left RiverFront Investment Group Chief market strategist Kevin Nicholson bullish on earnings, but not complacent. Anticipating higher rate hikes from the Federal Reserve, Nicholson said RiverFront is moving investments into Europe and Asia. “We expect more volatility because last year, you had the fed raising rates from 0 to 1 percent

Goldman Sachs CEO Lloyd Blankfein has once again taken a subtle jab at the Trump administration on social media, penning a response to the president’s characterization of certain nations as “sh**hole countries.” In a message on his verified Twitter account Friday afternoon, Blankfein posted a picture of the Statue of Liberty through a thick layer

Via: India Space Research Organization Water is critical to the future of spaceflight, and especially to human colonizing other planets. Beyond being necessary for life, water is one of the most efficient propellants. The results of the Arkyd-6 mission will teach Planetary Resources what it needs to know before launching exploratory crafts to asteroids near

CNBC’s Michelle Caruso-Cabrera got a tour inside a bitcoin mine in Wenatchee, Washington. The mine has 1,800 servers running every day with very little downtime. The operation is run by Malachi Salcido, president and CEO of The Salcido Connection. Salcido said he produces five-to-seven bitcoin every day, but wants to expand his operation to get

It’s not the first time the Vegas team has encountered a backlash against its name. The College of St. Rose in Albany, New York, has been using the name Golden Knights since 2002. In 2004, it was granted a federal trademark. In 2016, the U.S. Patent and Trademark Office rejected the hockey team’s attempt to

Samuel Kemp, Piper Jaffray: “We see this as the right long-term decision.” When people are selling the stock, they’re thinking: “This could lead to reduced Facebook engagement, ad impressions and therefore ad revenue,” according to Kemp. But Facebook still owns Instagram, and that could absorb any ads that don’t find a home on Facebook’s main

GameStop stock dropped 11 percent in trading Friday after the company announced it expects impairment charges of between $350 million to $400 million at the end of the fourth quarter. The added costs are largely from people holding onto smartphones longer and not upgrading to new models, GameStop said, which saw sales from its technology